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What are Municipal Bonds? Define this term.
Municipal bonds are debt instruments issued through US local, state or county governments to finance public interest projects. These bonds are not default-free and are not as liquid like Treasury bonds. Actually, such bonds are generally secured onto their own revenues and not guaranteed through central government. Though, they pay lower interest rates than Treasury bonds. The purpose for this is about their interest payments is exempt by federal taxation, and therefore this determines an implicit raise in the actual interest rates received through investors.
Cost-Volume-Profit Analysis The Cost-Volume-Profit (CVP) analysis provides answers to vital questions such as: At what sales volume would the firm break-even? How sensitive is
Compare and contrast mutual and stockholder-owned savings and loan associations. Some loan and savings associations are owned by stockholders, just as commercial banks and oth
i need help writing a paper on a healthcare organization and reviewing its financial operations based on data available from 6 sources
FEATURES OF A BUDGET a. It is prepared for a specific period. b. It is expressed in quantity or money or both. c. It is a statement describing ob
Regulation of Mergers and acquisitions Mergers and acquisitions are regulated by: Competition commission If office of fair trading thinks that merg
challenges that the finance manager face in fulfilling the managerial function
The usual number of passengers using the service is dependent upon the demand at each particular exchange rate. At 1·52 Euro/£ expected demand = (0·33·)(500 + 460 + 420) = 460
Checklists or questionnaires Audit firm will have a standard list of control questions. Audit staff can quickly ascertain which if any, are in operation by the client. There
ACT presently is all-equity financed. This reflects the stance of the former CEO, a dominant personality who stated repeatedly: "I don't want us to be in thrall to the demands of t
Weighted Aggregates Index In a weighted aggregates index, weights are assigned according to their significance and consequently the weighted index improves the accuracy of the
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